(Brussels) Today, the European Commission presented its proposal for EU Inc., a new single set of corporate rules which is “the cornerstone and starting point for the EU’s 28th regime”. EU Inc. is an optional, European corporate framework which will “make it easier for businesses to start, operate and grow across the EU – incentivising them to stay in Europe – and encourage those who once looked elsewhere to return”. European Commission President Ursula von der Leyen said: “Europe has the talent, the ideas and the ambition to become the best place for innovators. Yet today, European entrepreneurs who want to scale up face 27 legal systems and more than 60 national company forms. With EU Inc., we are making it drastically easier to start and grow a business all across Europe. Any entrepreneur will be able to create a company within 48 hours, from anywhere in the European Union, and fully online. This crucial step is just the beginning. Our goal is clear: one Europe – one market – by 2028”. EU Inc. “will provide a single harmonised set of corporate rules that companies can choose instead of navigating multiple national regimes, unlocking the true potential of the Single Market”. The initiative is inspired by the Draghi and Letta reports presented to the EU.